Semafo Inc. T.SMF

Metals & Mining Industrial Metals & Minerals

Semafo Inc is a Canadian mining company with gold production and exploration activities in Burkina Faso. The company's main operations are in Boungou, Burkina Faso, and Mana, Burkina Faso. Boungou is a relatively new production site that is located in southeastern Burkina Faso. The Mana project, which has been in operation longer, includes the Siou deposit, which is about 20 kilometers from the Mana Mine in Burkina Faso. Semafo has developed exploration strategies for future deposits in West Afr

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Semafo Inc.

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Comment by Bobwinson Dec 04, 2008 12:28am

296 Views

Post# 15626633

RE: RE: RE: RE: RE: Comments from BNN made Dec 2nd

Thanks for asking the question. The best part was that Tardiff owns the stock and it's one of two gold stocks he holds. I wouldn't be surprised if Sprott is the one buying shares all of a sudden. Where did he get the idea to buy SMF? Probably at one of the staff meetings where the Sprott managers share ideas.

Semafo is definitely undervalued and it's nice to see the volume move up along with the share price.

Bobwins

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